ENI and Novamont Sign Biopolymer JV Agreement

10:44 AM MDT | June 1, 2011 | Peter Mapleston

A previously reported €500-million project to build a biorefinery at Porto Torres, Italy is moving ahead. The facility will be capable of producing plastics as well as monomers, lubricants, fillers, intermediates, and additives for elastomers, all from renewable resources. It will be located within a petrochemical complex owned by ENI (Rome) subsidiaries Polimeri Europa and Syndial. A joint venture agreement for the plant was concluded recently by ENI and biopolymer producer Novamont (Novara, Italy). The jv will convert some existing plant at Porto Torres...